Finance for Restaurants | Food Newsfeed
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Finance

Outback's Delivery Investment Pays Off

Bloomin’ Brands chief executive officer Liz Smith is confident the momentum Bloomin’ Brands—especially with Outback Steakhouse—has gained over the past eight quarters will continue in 2019. On a February 14 conference call Smith outlined success in sales and traffic growth across the Bloomin’ Brands portfolio, which also includes Carrabba’s Italian Grill, Bonefish Grill, and Fleming’s.

Chili's Enjoys Best Traffic in Over a Decade

Chili’s second quarter, which wrapped December 26, marked the one-year anniversary of its “traffic-focus strategy.” The early results? The Brinker flagship, over the past two periods, just turned in its best back-to-back traffic trends in 12 years.